228 South Main St Newtown, CT 06470
For Lease
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Sand Hill Plaza, located at 228 South Main St in Newtown, Connecticut (zip code 06470), presents a compelling retail investment opportunity. This established shopping center boasts a total of 163,545 square feet of retail space, offering exceptional flexibility for prospective tenants. Currently, there are 44,785 square feet of vacant space available, divisible into units ranging from a minimum of 1,710 square feet to a maximum contiguous space of 10,000 square feet. The property's multiple tenancy structure provides a diverse tenant mix, creating a vibrant and attractive shopping destination. Situated in Fairfield County, this location benefits from strong demographics and high visibility along South Main Street. The property is ideal for a variety of retail uses, offering significant potential for growth and return on investment. With its convenient location and ample space options, Sand Hill Plaza represents a rare opportunity to secure a prime retail presence in the thriving Newtown market. Interested parties are encouraged to inquire for further details and availability. The property's latitude and longitude coordinates are 41.3722707 and -73.2737797 respectively.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Newtown, CTNewtown. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.